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One ACCU represents one tonne of carbon dioxide equivalent (CO2-e) greenhouse gas that is not released into the atmosphere. In order to be issued ACCUs you must run an eligible, registered project in accordance with the relevant rules. 

If you run an ERF project which sequesters carbon you may be able to earn Australian carbon credit units (ACCUs).
 

These are not cash from the Australian Government but are certified financial products that can be sold to the Australian Government or to businesses wishing to offset their emissions.

Australian carbon credit units (ACCUs)